to make structural sense actually, in the present context:
---spx should fall to 900-860 zone!
---euro dollar should be at least less than 1.29,
---indian sensex should be less than 14300-13852
this is ofcourse based on the fact, that current fall is part of the ongoing correction since 2008(and not that a new bull market started since the lows of 666).
these values are almost like blasphemy to most traders.so lets see how next 6 months pan out.
hi vipul: do you think the lows as above may be achieved by mid-next year? In Nifty, assuming A ended march 09 and B ended Jan 11, so C target 1/2 the time of of A+B ? Euro may delink and go the other way?
ReplyDeleteAny thoughts on Rupee?
Hi
ReplyDeleteyes next six months will probably see the lows.
a wave C can take A+B or (A+B)/2.
Havenot really analysed eurodollar from medium to longer term view.rupee should face resistances now with upsides at 54